Teton Advisors Inc. Sells 3,000 Shares of Lands’ End, Inc. (NASDAQ:LE)

Teton Advisors Inc. trimmed its stake in Lands’ End, Inc. (NASDAQ:LE) by 11.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,000 shares of the company’s stock after selling 3,000 shares during the period. Teton Advisors Inc. owned about 0.08% of Lands’ End worth $229,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Strs Ohio boosted its position in shares of Lands’ End by 6.1% during the 3rd quarter. Strs Ohio now owns 34,600 shares of the company’s stock valued at $258,000 after acquiring an additional 2,000 shares in the last quarter. Barclays PLC boosted its position in shares of Lands’ End by 25.3% during the 3rd quarter. Barclays PLC now owns 13,914 shares of the company’s stock valued at $104,000 after acquiring an additional 2,810 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Lands’ End by 334.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,081 shares of the company’s stock valued at $49,000 after acquiring an additional 3,912 shares in the last quarter. Carmel Capital Partners LLC acquired a new stake in shares of Lands’ End during the 3rd quarter valued at about $30,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Lands’ End by 40.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,340 shares of the company’s stock valued at $219,000 after acquiring an additional 8,501 shares in the last quarter. 37.46% of the stock is currently owned by institutional investors and hedge funds.

Lands’ End Trading Up 5.1 %

NASDAQ LE traded up $0.69 during trading hours on Thursday, hitting $14.26. The company’s stock had a trading volume of 190,133 shares, compared to its average volume of 88,724. The stock has a fifty day moving average of $10.75 and a 200 day moving average of $9.07. Lands’ End, Inc. has a twelve month low of $5.98 and a twelve month high of $14.59. The firm has a market capitalization of $449.05 million, a P/E ratio of -3.49 and a beta of 2.86. The company has a quick ratio of 0.42, a current ratio of 1.58 and a debt-to-equity ratio of 0.98.

Lands’ End (NASDAQ:LE) last announced its quarterly earnings data on Wednesday, March 27th. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.03). Lands’ End had a negative net margin of 8.87% and a negative return on equity of 1.70%. The business had revenue of $514.85 million during the quarter, compared to analyst estimates of $505.30 million. Equities research analysts forecast that Lands’ End, Inc. will post 0.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Craig Hallum raised shares of Lands’ End from a “hold” rating to a “buy” rating and lifted their price target for the company from $9.00 to $15.00 in a report on Thursday, March 28th.

Lands’ End Profile

Lands' End, Inc operates as a digital retailer of casual clothing, swimwear, outerwear, accessories, footwear, and home products in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.